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CleanTech Acquisition Corp. announced that starting August 4, 2021, holders of units from its initial public offering on July 19, 2021, can separately trade common stock, rights, and warrants on Nasdaq. The units were initially offered in an underwritten offering with Chardan as the sole book-running manager. The traded symbols are 'CLAQ' for common stock, 'CLAQR' for rights, and 'CLAQW' for warrants, whereas the combined units will continue under 'CLAQU.' This separation enables greater flexibility for investors to manage their holdings.
CleanTech Acquisition Corp. announced that its underwriters exercised an over-allotment option, leading to the purchase of 2,250,000 additional units on July 28, 2021. This brought the total units sold in its initial public offering to 17,250,000 at $10.00 per unit, generating gross proceeds of $172,500,000. Each unit comprises one common stock share, a right, and a half warrant. The securities are expected to trade on Nasdaq under the symbols CLAQ, CLAQR, and CLAQW. The company aims to facilitate a greener future through strategic business combinations.
CleanTech Acquisition Corp. successfully closed its initial public offering (IPO) of 15,000,000 units, priced at $10.00 each, trading under the ticker symbol CLAQU from July 15, 2021. Each unit includes one share of common stock, a right, and a half warrant, with rights entitling holders to 1/20 of a common share post-business combination. The sole book-running manager, Chardan, has a 45-day option for an additional 2,250,000 units. CleanTech aims to merge with businesses contributing to a greener future, targeting carbon dependency reduction.
CleanTech Acquisition Corp. has priced its initial public offering (IPO) of 15 million units at $10.00 per unit, set to trade on Nasdaq under the symbol 'CLAQU' starting July 15, 2021. Each unit comprises one common stock share, one right, and half a warrant. The rights allow holders to receive one-twentieth of a share post-business combination, while warrants permit buying a share at $11.50. The underwriters have a 45-day option for 2.25 million additional units. The company aims for a business combination focused on environmental sustainability.